v3.26.1
SEGMENT REPORTING - Schedule of Reconciliation of Segment Results to the Company's Income Before Taxes and Total Assets (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Adjustments:        
Depreciation and amortization expense $ 47,500 $ 52,700 $ 94,600 $ 90,000
Equity compensation expense 182,779 165,091 386,411 422,953
Consolidated Funds         
Adjustments:        
Total net investment loss—realized (59,123) (161,890) (164,568) (321,962)
Operating segment        
Segment reporting        
Income before taxes 385,942 286,938 698,863 427,976
Adjustments:        
Depreciation and amortization expense 60,449 63,180 120,143 111,409
Equity compensation expense 182,779 165,091 386,411 422,953
Acquisition-related compensation expense 28,239 44,305 56,439 66,304
Acquisition and merger-related expense 692 2,791 1,936 37,399
Placement fee adjustment (8,096) (1,092) (14,918) (1,098)
Other (income) expense, net 14,672 27,163 (8,334) 29,689
Total performance income—unrealized (124,837) (300,592) (216,872) (365,035)
Total performance related compensation—unrealized 123,748 207,731 205,170 248,281
Total net investment income—unrealized (58,779) (82,496) (82,290) (100,360)
Realized income 758,123 594,058 1,481,087 1,174,261
Total performance income—realized (140,329) (55,554) (353,877) (181,002)
Total performance related compensation—realized 89,426 39,071 227,638 123,487
Total net investment loss—realized 21,246 27,527 58,924 30,589
Fee related earnings 728,466 605,102 1,413,772 1,147,335
Operating segment | Consolidated Funds         
Adjustments:        
Income before taxes of non-controlling interests, net of eliminations (74,150) (4,708) (107,574) (62,687)
Operating segment | Subsidiaries        
Adjustments:        
Income before taxes of non-controlling interests, net of eliminations (8,903) (5,317) (14,481) (10,788)
OMG        
Adjustments:        
OMG expense, net 236,367 191,064 456,594 370,218
Realized income 236,622 196,244 456,850 370,523
Total performance income—realized 0 0 0 0
Total performance related compensation—realized 0 0 0 0
Fee related earnings $ 237,411 $ 195,991 $ 458,313 $ 370,948